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Registered number: 03321771
Astrum Wine Cellars Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 03321771
2025 2024
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 163,839 168,714
Investments 5 - 1,000
163,839 169,714
CURRENT ASSETS
Stocks 800,751 1,023,116
Debtors 6 967,138 998,216
Cash at bank and in hand 71,580 31,438
1,839,469 2,052,770
Creditors: Amounts Falling Due Within One Year 7 (1,831,776 ) (1,947,690 )
NET CURRENT ASSETS (LIABILITIES) 7,693 105,080
TOTAL ASSETS LESS CURRENT LIABILITIES 171,532 274,794
Creditors: Amounts Falling Due After More Than One Year 8 (22,658 ) (90,330 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,436 ) (37,477 )
NET ASSETS 113,438 146,987
CAPITAL AND RESERVES
Called up share capital 11 2,650 2,650
Share premium account 23,000 23,000
Capital redemption reserve 5,350 5,350
Income Statement 82,438 115,987
SHAREHOLDERS' FUNDS 113,438 146,987
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr B Besa
Director
12 January 2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Astrum Wine Cellars Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03321771 . The registered office is Unit 7 Falcon Business Centre, 14 Wandle Way, Mitcham, Surrey, CR4 4FG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the value of goods (net of VAT) provided to customers during the year. Turnover is recognised when the goods are delivered and title has passed.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Property improvements 10% straight line
Plant & Machinery 25% on reducing balance
Motor Vehicles 33% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. 
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes any expenditure incurred in bringing the stock to its present location and condition.
2.6. Financial Instruments
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method. The only advanced instruments recognised by the company are derivatives, being forward foreign exchange contracts. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in arriving at profit before tax. Derivative assets are included in other debtors and derivative liabilities are included in other creditors
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Presentation Currency
The financial statements are presented in pounds sterling (£/GBP), which is the Company’s functional and presentation currency. This
reflects the currency of the primary economic environment in which the Company operates.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 17)
17 17
4. Tangible Assets
Land & Property
Property improvements Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 July 2024 133,488 34,769 161,391 19,802
Additions - - 47,555 -
Disposals - - (33,924 ) -
As at 30 June 2025 133,488 34,769 175,022 19,802
Depreciation
As at 1 July 2024 63,604 18,162 94,851 10,677
Provided during the period 8,868 4,152 33,993 2,281
Disposals - - (29,177 ) -
As at 30 June 2025 72,472 22,314 99,667 12,958
Net Book Value
As at 30 June 2025 61,016 12,455 75,355 6,844
As at 1 July 2024 69,884 16,607 66,540 9,125
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 July 2024 24,849 374,299
Additions 2,428 49,983
Disposals (1,458 ) (35,382 )
As at 30 June 2025 25,819 388,900
Depreciation
As at 1 July 2024 18,291 205,585
Provided during the period 770 50,064
Disposals (1,411 ) (30,588 )
As at 30 June 2025 17,650 225,061
Net Book Value
As at 30 June 2025 8,169 163,839
As at 1 July 2024 6,558 168,714
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
as restated
£ £
Plant & Machinery 8,287 11,049
Motor Vehicles 51,961 56,896
60,248 67,945
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 July 2024 1,000
Disposals (1,000 )
As at 30 June 2025 -
Provision
As at 1 July 2024 -
As at 30 June 2025 -
Net Book Value
As at 30 June 2025 -
As at 1 July 2024 1,000
Page 5
Page 6
6. Debtors
2025 2024
as restated
£ £
Due within one year
Trade debtors 829,138 834,221
Other debtors 133,118 157,094
962,256 991,315
Due after more than one year
Other debtors 4,882 6,901
967,138 998,216
7. Creditors: Amounts Falling Due Within One Year
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 29,913 43,497
Trade creditors 1,020,777 1,090,854
Bank loans and overdrafts 449,483 447,407
Other creditors 45,166 52,614
Taxation and social security 286,437 313,318
1,831,776 1,947,690
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 22,658 16,996
Bank loans - 73,334
22,658 90,330
The bank loan was taken out under the Government's Coronavirus Business Interruption Loan Scheme.
9. Secured Creditors
Of the creditors the following amounts are secured. Bank overdrafts are secured via a debenture over the assets of the company and a separate fixed charge over the company's trade debtors. Hire purchase liabilities are secured against the asset financed.
2025 2024
as restated
£ £
Net obligations under finance lease and hire purchase contracts 52,571 60,493
Bank loans and overdrafts 376,149 367,407
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
as restated
£ £
The future minimum finance lease payments are as follows:
Not later than one year 29,913 43,497
Later than one year and not later than five years 22,658 16,996
52,571 60,493
52,571 60,493
11. Share Capital
2025 2024
as restated
£ £
Allotted, Called up and fully paid 2,650 2,650
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
as restated
£ £
Not later than one year 136,440 136,440
Later than one year and not later than five years 238,770 375,210
375,210 511,650
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2024 Amounts advanced Amounts repaid Amounts written off As at 30 June 2025
£ £ £ £ £
Mr Bruno Besa 22,362 17,102 25,000 - 14,464
Directors loans are unsecured, repayable on demand and attracted interest at rates of between 7.25%  and 8% p.a.
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